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Whitehaven Coal
WHITEHAVEN COAL Whitehaven’s record of climate and nature destruction, and the financial institutions enabling it. Whitehaven Coal is the biggest undiversified coal mining company on the Australian share market. Whitehaven’s…
Big banks snub local farmers concerned about Whitehaven Coal
…of water licences during extreme droughts. Farmers affected by Whitehaven’s coal mines have struggled to have their concerns heard by Whitehaven for years. In February, at the request of local…
More than 20% of Whitehaven shareholders reject climate-wrecking new coal plans
…been a better time for Whitehaven’s lenders to finally cut ties with the company. Banks like NAB and Westpac must seize the moment to walk away from Whitehaven, especially as…
Investors want Whitehaven Coal to disclose climate risk – but not avoid it
…be any impact on Whitehaven’s assets. Conflict of interest Mark Vaile, in his role as chairman of Whitehaven, came under fire from both shareholders and institutional investors. CGI Glass Lewis…
Win! Credit Suisse rules out Whitehaven Coal
…year, Credit Suisse updated its policy on thermal coal mining, clearly excluding Whitehaven from any further funding. This makes Credit Suisse the first bank in Whitehaven’s recent lending group to…
Whitehaven Coal AGM 2021: Board keeps its head in the sand over net zero by 2050
…in. Whitehaven has repeatedly breached environmental conditions put in place to govern its operations, including by contaminating nearby streams and excessive air pollution. In December 2020, Whitehaven pleaded guilty to…
Whitehaven Coal found producing far more thermal coal than environmental assessment estimates
…public should be sceptical of Whitehaven’s claims to be expanding metallurgical coal production. Assessment of coal production at existing mines Of Whitehaven’s four operational coal mines, only two produce substantial…
Whitehaven Coal stifles debate on world-first proposal to wind down coal production
…Whitehaven’s export markets when considering the shareholder proposal. Shareholders attending today’s AGM challenged Whitehaven’s rosy view of future coal demand. Whitehaven’s FY20 Sustainability Report claims the company’s future remains robust…
Win! Deutsche Bank abandons Whitehaven Coal’s bond issue
…to stop Whitehaven’s new coal mines? Although Deutsche Bank has ruled out Whitehaven’s bond issue, it remains exposed to the coal corporation through its debt lending. Whitehaven has signalled it…